re: Hot Take: Natural gas prices do not coorelate with temp

temperature very much matters for gas pricing, but a 3 day cold spell does very little to move pricing when everything else has landed bearish.

-south central storage was above historical norms heading into winter
-lower 48 didn't experience winter
-dry producers have only recently announced any intention of slowing production
-existing lng (particularly freeport) has experienced operational issues
-two new lng facilities have announced delays to first cargo
-end of oct storage will be 4.3 - 4.5 tcf even with an extraordinarily hot summer